Hyperlawhypertext legal database Income Tax Act

← Historical versions

Versions of s. 190.1(1.1)

I-3.3 — Income Tax Act · 3 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2013-06-26 to present available View Source
    and (1.2) [Repealed, 2007, c. 2, s. 40]
    Full text

    and (1.2) [Repealed, 2007, c. 2, s. 40]

  2. 2007-02-21 to 2013-06-26 View Source
    Every life insurance corporation that carries on business in Canada at any time in a taxation year shall pay a tax under this Part for the year, in addition to any tax payable under subsection 190.1(1), equal to 1% of the amount determined by the formula(A - B) × C/365 where A is its taxable capital employed in Canada for the year; B is its capital allowance for the year; and C(1.2) is[Repealed, the2007, numberc. of2, dayss. in the year that are after February 25, 1992 and before 2001.40]
    Full text

    and (1.2) [Repealed, 2007, c. 2, s. 40]

  3. 2004-08-31 to 2007-02-21 View Source

    Every life insurance corporation that carries on business in Canada at any time in a taxation year shall pay a tax under this Part for the year, in addition to any tax payable under subsection 190.1(1), equal to 1% of the amount determined by the formula(A - B) × C/365 where A is its taxable capital employed in Canada for the year; B is its capital allowance for the year; and C is the number of days in the year that are after February 25, 1992 and before 2001.